Excerpts from TPX Company's December 31, 2018 and 2017, financial statements are presented below:

	2018	2017
Accounts receivable	$50,000	$37,000
Inventory	28,000	45,000
Net sales	197,000	189,000
Cost of goods sold	121,000	111,000
Total assets	433,000	410,000
Total stockholders' equity	241,000	229,000
Net income	38,500	33,000

TPX Company's 2018 debt to equity ratio is:

33.19%.

9.13%.

79.67%.

15.98%.